AT&T is already planning more acquisitions, days after buying Time Warner
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Enlarge / The AT&T logo is displayed at a retail store in Washington, DC, on Monday, March 21, 2011. (credit: Getty Images | Bloomberg)
AT&T will soon offer a new streaming video service thanks to its acquisition of Time Warner Inc., and it will be buying more companies in order to beef up its advertising platform, AT&T CEO Randall Stephenson said. The streaming service will be free for AT&T mobile customers who subscribe to unlimited data plans and $15 a month for everyone else.
Stephenson spoke to CNBC Friday, one day after AT&T completed its acquisition of Time Warner. The acquisition gives AT&T control of Warner Bros., HBO, and Turner Broadcasting System.
AT&T will announce more acquisitions soon to improve its advertising system.
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